IRR
2 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Dec 23, 2024 by Joe Schmidt · across every show →
Everything said about IRR, oldest first
Dec 23, 2024 negative
Joe Schmidt: Private equity optimizes for short-term IRR over long-term value
“Private equity firms typically are optimizing for IRR, internal return. And they're less focused on like ultimately like a multiple on money, basically saying like they're not focused on the biggest possible version of the company that they can build.”
Dec 23, 2024 positive
Schmidt: Building AI-native services requires sacrificing short-term IRR for enterprise value
“And to do so, you need to have a very different view on returns and you need to have a very different view on short term earnings. Because what will end up happening is like, turns out engineers, Pretty expensive. Right. And it requires like significant invest…”